REBUILD THE UNITED STATES!

GENERAL MCCHRYSTAL’S CALL FOR A NEW DRAFT CAN RESCUE YOUNGER AMERICANS BY STAS MARGARONIS In June, Gen. Stanley McChrystal, the  former U.S. commander in Afghanistan,  stunned many Americans by advocating that the United States bring back the draft: "I think we ought to have a draft. I think if a nation goes to war, it shouldn't be solely .. represented by a professional force, because it gets...

SPENDING CUTS, INCOME DECLINES AND AGE DISCRIMINATION DIM JOB PROSPECTS BY STAS MARGARONIS Federal spending cuts are worsening job prospects for Americans at a time when people over 50 are facing serious challenges finding work, according to a Southern California employment trainer. Robert Grimm, vice president for Experience Unlimited (EU) in Lancaster, California says, “Prospective employers...

FLOATING OIL PROJECTS ARE BOOMING BY STAS MARGARONIS   High oil prices are driving demand for new offshore oil units to an all time high, according to a FLOATING PRODUCTION SYSTEMS report issued by International Maritime Associates (IMA), based inWashington,D.C. Jim McCaul, head of IMA, says that continued high oil prices plus the large reserves of oil being found in deep water are driving...

LESSONS FROM KOREA BY BENITA MARGARONIS, ELSIE ALLEN HIGH SCHOOL,  SANTA ROSA, CA During my summer vacation, I spent five days in South Korea and I went to two shipyards, Samsung and Daewoo. I've learned some very important things while being here. America should learn these things also. If we as a country learned from the Koreans  then we would be a strong independent nation again. These things...

  BAILOUT: PLACING BANKS BEFORE HOMEOWNERS BY STAS MARGARONIS While supporting the Bush administration’s $700 billion bailout of the banking industry, the Obama administration is still struggling  to help millions of homeowners devastated by the 2008 financial crisis. The administration decided to help homeowners save their homes by relying on mortgage companies to modify unaffordable...

OAKLAND-STOCKTON MARINE HIGHWAY SERVICE PROJECTS CUTTING 750 WEEKLY TRUCK TRIPS   BY STAS MARGARONIS   A new marine highway service proposes to shift 750 containerized truckloads per week off Northern California freeways and on to two tug/barges. The service between the Port of Oakland and the Port of Stockton, located 75 miles to the east of Oakland along the Sacramento river, expects...

China Challenges Korea & Singapore In Oil Rig Market China is challenging Korea and Singapore in the oil rig manufacturing market as a result of an offshore exploration boom in which the Chinese have garnered 20% of the $72 billion market, according to a Reuters report. Chinese companies like  COSCO Corporation have become a contender  against  Korea and Singapore in just seven years  making...

CALIFORNIA HIGH SPEED RAIL PROPOSES SAVING TAXPAYERS BILLIONS BY STAS MARGARONIS, RBTUS The California High Speed rail Authority believes its new plan to build a leaner $68 billion high speed rail system for California would save California$124 billion in freeway  and airport expansion spending  if the rail  system were built today. Karen Massie, Information Officer, California High-Speed Rail...

The dismal jobs data report showing that only 69,000 jobs were created in May and that unemployment rose proves that Republican led austerity measures in Congress  have failed to generate jobs. Sadly, the Obama administration and Congressional Democrats were ineffective in fighting Republican cutbacks. The failures to invest in infrastructure, energy-saving investments and jobs makes a bad...

According to the Financial Times, The European Union  tells member states it has compiled firm evidence  that Beijing’s telecommunications equipment companies  have benefited from illegal state subsidies Read the full article at: http://www.ft.com/cms/s/0/876632ae-a689-11e1-aef2-00144feabdc0.html